Closing Bell: Canadian Net Real Estate Investment Trust up on Tuesday (NET-UN)

In market activity today, Canadian Net Real Estate Investment Trust stock opened at $5.34 and closed at $5.41. It traded at a low of $5.34 to a high of $5.45.

The price gained 0.56% from the previous day's close of $5.38.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Canadian Net Real Estate Investment Trust has listed on the Toronto Venture Exchange (TSX-V) under the ticker NET-UN.

A total of 7,596 shares was traded during the last trading day, with total trades of 21, with an average volume of 8,982 over the last 5 days.

The TSX-V market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, NET-UN.VN has traded as high as $5.59 (July 31,2024) and low as $4.58 (October 11,2023). Moreover, in the last 12 months, Canadian Net Real Estate Investment Trust's shares have advanced 3.24%, while this year, they have advanced 11.55%.

It announced a 0.03 dividend on May 22/24, with an September 13/24 ex-date and September 30/24 pay day.

Following today's trading, Canadian Net Real Estate Investment Trust has a market capitalization of $110.62 million on a float of 20,561 shares outstanding. Its annual EPS is $0.71.

Canadian Net Real Estate Investment Trust is a TSX REIT company headquartered in Pointe Claire, CAN.

Currently, Canadian Net Real Estate Investment Trust's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. From those 4 analysts, 2 have buy ratings and 2 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..